Blog Category: Business growth

Working capital is one of those phrases that many people have heard of but are perhaps not entirely sure what it means.
The official definition of working capital is current assets less current liabilities. Current assets and current liabilit continue reading...

If you’re never quite sure where to start when compiling your budget, here are a few ideas to help:
1. Jack Welch Approach
A personal favourite of mine! Jack simply asks 2 questions:
• How can we beat last year’s performance?
• How continue reading...

Sometimes it seems so fruitless, doesn’t it? We don’t know what’s going to happen tomorrow, let alone in 1-3 years’ time. I don’t think any of us has a crystal ball to enable us to see into the future (thankfully – can you imagine ho continue reading...

Do you have a budget to manage and you’d love to know how to do it better? Then read on!
1. Understand your monthly results
When you review your monthly budget report, you are looking for variances (differences) between the actual results re continue reading...

“A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large” – Henry Ford
To me, it’s always been a no-brainer. If you look after and build strong relationships with all the continue reading...

Setting up and running your own business is a hugely exciting time. There can be so much to think about and to do, it can be somewhat overwhelming. And the one area often missed or ignored, which can mean the difference between business succ continue reading...

Cash vs Profit – Part 2
Last month, we looked at why cash and profits differ. Part of the reason is due to timing differences between when invoices are posted onto the Profit and Loss account and when cash is received or paid.
This m continue reading...

A common complaint from SMEs in recent years has been the lack of availability of funding to help them grow (or survive). However, many of these SMEs simply asked only their banks for financial support and this was not always approved. Did you know th continue reading...

Rarely does business growth just happen. The power is in the planning! Follow these simple steps, take charge and catapult your business growth!
Where do you want to be. Dream big. Set your goals – what would outrageous succe continue reading...

This is a popular saying that many of you may have heard of. But what exactly does it mean?
Turnover is Vanity
Let’s explore by way of an example. Let’s say you win a brand new contract of your dreams. It’s a game-changer for you, your bigge continue reading...

In January, we looked at part 1 on how to get rid of those saggy bums as part of our New Year Resolutions and improve our company bottom lines at the same time. To improve profitability, our ‘bottom line’, we can either boost our income, improve our continue reading...

We’re all talking about improving our ‘bottom line’ in January - getting rid of any saggy bums and improving our overall health and fitness. How about making it a New Year’s Resolution to boost the bottom line of your business at the same time!
continue reading...

Finance is the language of business. And yet managers and leadership teams in many organisations around the UK receive very little, if any, help in understanding the financials to help drive the business forward. It might be difficult for managers to continue reading...

A question I am often asked is “what inspired you to set up your own business?”
Well, it all started with a cycle tour! A solo cycle-camping tour across Switzerland and France via the Swiss and French Alps, the Jura Mountains, the Vosges Mountain continue reading...

Top Ten Tips for Being Fabulous at Finance!

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